In the case of flippers the underreporting is in case they need to resort to plan B and keep the property longer than intended (rental). 

Along with the same client is building a small resort on one of the Islands. to me the pros are things are based on english law and english is the language of the country.for us where at our age health care is important I would not choose to live there as an x pat.

There was an issue with the HOA and the resort not actually having a pool in place at the time (they were planning on rebuilding) and we backed out.  

Distinguished Investors,An exceptional opportunity awaits in Georgetown—a 62-acre canvas primed for transformation into a premier RV resort.

But pref is really best as an option of last resort because the current pay makes the problems worse, and pushing back the LPs to a subordinate position isn’t ideal.There are a multitude of variations on these examples that shift the decision.

I know there are resorts out east as well but my preference is out West because I prefer the skiing there. 

They've already basically banned them years ago, except for special "resort zones". 

You could sell and buy something in the Mauna Lani resort area which has more demand.  

There are ski resorts close to our property, and the lake is a very popular destination for families and friends to visit during the summer and fall.

Clients in the mountains outside Denver and outside Colorado Springs get at least a higher percentage of bookings from VRBO.To me, that's always been the case -- cities are more Airbnb, resort areas (mountains/beach) are more VRBO.